In spite of recent news about renewed discussions re a merger - i'm expecting no less than an offer of $1.60 per share. Programmed seek to 'sweeten' their offer. Their previous offer is 0.5 shares for every 1 skilled share and 25c cash. This equates to $1.28 + 25c which equals $1.53 going off the current share price. Logic says if programmed want to 'sweeten' their offer, then we are looking somewhere around the $1.60 mark and beyond.
SKE Price at posting:
$1.39 Sentiment: Buy Disclosure: Held